cryptocurrency

Cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

(source: en.wikipedia.org)

Coinbase CEO Says Blockchain and Crypto Are Redefining Payments
Coinbase CEO Says Blockchain and Crypto Are Redefining Payments
November 02, 2023  |  Earnings

Coinbase, a leading cryptocurrency exchange, recently discussed the role of payments in the crypto industry and its plans for the future in the company’s earnings...

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Bankman-Fried Guilty on All Counts in Crypto King’s Final Collapse 
Bankman-Fried Guilty on All Counts in Crypto King’s Final Collapse 
November 02, 2023  |  Legal

That’s all she wrote.  Sam Bankman-Fried on Thursday evening (Nov. 2) was found guilty on all counts.  And it wasn’t twelve angry men that did...

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Block Wants to Win With AI, Merchant Verticals and Banking 
Block Wants to Win With AI, Merchant Verticals and Banking 
November 02, 2023  |  Earnings

The return of Jack Dorsey to Square has been good news for its parent, Block. As PYMNTS reported, former Square CEO Alyssa Henry departed the company last month on Oct. 2,...

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PayPal Shares Soar in Response to Leaner Company Strategy
PayPal Shares Soar in Response to Leaner Company Strategy
November 02, 2023  |  Earnings

PayPal reportedly experienced an increase in market value after committing to become a “leaner” company. The global payments giant’s shares climbed almost 7% to $55.12...

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PayPal Subpoenaed by SEC Over Stablecoins
PayPal Subpoenaed by SEC Over Stablecoins
November 02, 2023  |  Regulation

PayPal’s new stablecoin offering has caught the attention of regulators. The payments giant said in a regulatory filing Thursday (Nov. 2) that it had received...

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Bankman-Fried Trial: ‘Follow the Evidence, He Lied,’ Prosecution Tells Jury 
Bankman-Fried Trial: ‘Follow the Evidence, He Lied,’ Prosecution Tells Jury 
November 01, 2023  |  Legal

House of cards, web of lies, and now “pyramid of deceit.” Those are all terms used to describe Sam Bankman-Fried’s multibillion-dollar FTX crypto empire, the...

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Prosecutors and Defense Present Closing Arguments in Sam Bankman-Fried Trial
Prosecutors and Defense Present Closing Arguments in Sam Bankman-Fried Trial
November 01, 2023  |  Legal

Prosecutors and defense attorneys presented contrasting narratives of Sam Bankman-Fried’s alleged involvement in fraud and money-laundering offenses Wednesday (Nov. 1). They did so while presenting...

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Coinbase Opens Crypto Futures Trading to More Retail Customers
Coinbase Opens Crypto Futures Trading to More Retail Customers
November 01, 2023  |  Cryptocurrency

Coinbase said American customers can now trade leveraged cryptocurrency futures on Coinbase Financial Markets (CFM). CFM won approval earlier this year to bring federally regulated...

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PayPal Gets Approval to Offer Crypto-Asset Activities in UK
PayPal Gets Approval to Offer Crypto-Asset Activities in UK
November 01, 2023  |  Digital-First Banking

PayPal received approval from the Financial Conduct Authority (FCA) on Tuesday (Oct. 31) to offer crypto-asset activities in the United Kingdom. The FCA has implemented stricter rules on marketing crypto...

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